LVMH has posted revenue of €21.8 billion in the first half of fiscal 2018, an increase of 10 per cent y-o-y. Organic revenue growth was 12 per cent compared to same period in 2017. In the second quarter, revenue rose 11 per cent against same period of 2017, a performance in line with the trends of the beginning of the year. Organic revenue growth was 11 per cent. Profit from recurring operations was €4,648 million for the first half of 2018, an increase of 28 per cent. Operating margin reache

Pure London, the largest festival of fashion in London and leading destination for fashion inspiration, displayed exciting brands and emerging designers and re-launched the Spirit fast fashion section as Gen Z. The fashion trade show was held from July 22 to 24, 2018, in London. The show’s content programme was an eye opener to redesign fashion’s future. Julie Driscoll, managing director of Pure London announced the re-launch of the Spirit fast fashion section as Gen Z to reflect this grow

The fourth edition of the Africa Sourcing and Fashion Week (ASFW) will be held from October 1 to 4, 2018, in Ethiopia. The global cotton, textile, apparel, leather, technology, and home decor industry, will be seen at the fair. Over 250 global manufacturers from 25 countries will showcase their products and innovations to over 4,000 trade professionals. ASFW 2018 is not only a platform for manufacturers from the East African region but for manufacturers from the entire African continent. F

The fifth edition of Isko I-Skool, the educational platform supporting tomorrow’s game changers, took place at Milan recently. The final awards ceremony announced the names of the winners, celebrated by experts in fashion, marketing, and communication, as well as insiders and personalities. Isko is a leader in denim production and textile innovation. The main sponsors of the event were Lenzing Group, the international company producing high-quality fibres from renewable raw material wood w

Reliance Brands Ltd, a subsidiary of Reliance Industries Ltd (RIL), has purchased an additional 8.14 per cent equity stake in Genesis Colors Ltd (GCL) for about 34.17 crore, taking its total stake to 9.29 per cent. GCL belongs to a similar industry as Reliance Brands, and the stake will add to its existing portfolio of branded fashion retail outlets. “Reliance Brands Limited has purchased an additional 8.14 per cent equity stake in GCL for about 34.17 crore, taking its total stake in GCL to 9

Asda is the first supermarket to join the European Outdoor Group’s Microfibre Consortium, which looks at reducing the impact of microplastics on the environment. As reducing plastic use becomes priority for customers, Asda has joined other brands to understand and reduce the impact of microfibres in clothing – which can find their way into the ocean. The Consortium aims to fully understand the issue of microfibre shedding, how and why it occurs, and find ways for industry to reduce it.

Archroma, leader in colour and specialty chemicals in sustainable solutions, is partnering with Ternua, an outdoor brand with a strong connection to nature. Using Archroma’s EarthColors technology, Ternua has created a collection of recycled tee-shirts and sweatshirts, collecting, recycling and upcycling agricultural waste from the Basque region in Spain. Archroma’s award-winning EarthColors is a traceable concept of plant-based dyes, sourced from up to 100 per cent renewable resources. Ar

Over 100 international brands will present their denim developments at September 4-5 Bluezone, one of the world's most important denim shows at the Munich Fabric Start, according to denim curator of the mega event Panos Sofianos. Apart from that, more than 1,000 suppliers will present over 1,800 collections at the event, he told Fibre2Fashion in an interview. Perpetuum Blue, this season's Bluezone theme, stands for the ever-changing business of denim, for the new excitement in denim, comin

Invista’s Cordura brand and Cone Denim, will show their latest collection, Cordura S Gene Denim, at the Outdoor Retailer Summer Market (ORSM), which will be held from July 23 to 28, 2018, in Denver, in Cone Denim booth #23110-SL and Cordura booth #54037-UL. The denim offers an authentic look and feel with hidden performance and engineered stretch benefits. Cone Denim’s S Gene innovation was originally introduced in 2007. High performance dual-core technology S Gene yarn provides exceptiona

US clothing brand Kenneth Cole has replaced Reliance Brands with Mumbai-based Brandzstorm India as its partner for designing, manufacturing, distributing and retailing its products in India, Bangladesh and Sri Lanka. Its 10-year master licensing partnership with Brandzstorm India aims to cover 100 crore people and open about 10 stores in India by 2020. Two flagship stores in Mumbai and Delhi are likely to be opened by the end of this year, according to a report in a top Indian business dai